Abstract
The corn farmer has benefited from high corn price. However, the corn price falls from its high price in 2012 to as low as $ 4.46 per bushel in 2013. The drop in corn price and intense competition from the global grain markets make farms that are non-efficient struggle economically. Pure technical, overall, allocative and scale efficiency were measured to analyze the competitiveness of a sample of Kansas corn farmers. Farmers increased their relative efficiency during drought in 2012. Government payment was found to be negatively correlated with efficiency for non-irrigated farms. Interest expenditure might have negative impact on input allocation for irrigated and non-irrigated conventional farms. Irrigated farms should focus on increasing acreage land to increase overall efficiency. On the other hand, non-irrigated conventional farm should focus their effort to enhance overall efficiency by increasing seed inputs.
Export citation and abstract BibTeX RIS
Content from this work may be used under the terms of the Creative Commons Attribution 3.0 licence. Any further distribution of this work must maintain attribution to the author(s) and the title of the work, journal citation and DOI.